Yesterday, the CPI was lower than expected, which is good news for the market. Why is $BTC $ETH still declining? And here is the reason 🥲
The tax that the US imposes on imported goods from China has now reached 145%.
Those Americans really know how to play 😂, previously they announced a 125% tax (there was already a 20% in place)
and then last night they said: I told you 125% is in addition, not the total, the total is 145% 😂
According to CoinGecko in the past 24 hours:
∘ BTC $79k4 decreased by 3.7%
∘ ETH $1k5 decreased by 7.2%
∘ SOL $112 decreased by 3.8%
∘ BNB $577 decreased by 0.2%
Total liquidation across the market in 24h is $300M, of which long positions account for about 71%. The greed and fear index dropped from 39 to 25.